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Author Topic: Ethereum gash fee high.  (Read 16916 times)

Offline NANCY

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Re: Ethereum gash fee high.
« Reply #150 on: March 31, 2021, 10:48:55 AM »
Yeah Al that sounds pretty crap to me, Looks like Ethereum aint for me either. So I wanted to ask the senior brothers if there is any way to reduce this gas fee. If If any of the senior brothers know then of course discuss below so we can move forward very soon.

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Re: Ethereum gash fee high.
« Reply #150 on: March 31, 2021, 10:48:55 AM »

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Re: Ethereum gash fee high.
« Reply #151 on: March 31, 2021, 10:55:43 AM »
@Nevanta reducing high transaction fees is not in anyone's hands, it's not about the push of a button. The solution to this problem (and many others) is to change the Ethereum code, that's what hard forks are made for. The next hard fork will launch in July if I remember correctly, and it will supposedly fix that problem.

If you want to know more about hard forks on the net you have a lot of information.
« Last Edit: March 31, 2021, 11:01:10 AM by Freemind »
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Offline Malam90

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Re: Ethereum gash fee high.
« Reply #152 on: March 31, 2021, 11:30:52 AM »
@Nevanta reducing high transaction fees is not in anyone's hands, it's not about the push of a button. The solution to this problem (and many others) is to change the Ethereum code, that's what hard forks are made for. The next hard fork will launch in July if I remember correctly, and it will supposedly fix that problem.

If you want to know more about hard forks on the net you have a lot of information.

Right, there is no hand of reducing transaction costs. After emerge DeFi, this cost touched sky and we have to wait longer time. This problem is for bounty hunters because they have small amount of coins to transfer but for huge amount of coin holders, this fees isn't fact. We can make transaction when fees are cheaper basically GMT 0.0 and Local BD time 6AM. I use this trick to avoid higher gas fees.

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Re: Ethereum gash fee high.
« Reply #153 on: March 31, 2021, 06:22:19 PM »
Current gas fee are rising so much that it is beyond imagination.  Because if a token can be transferred then there is a huge gas fee cost.  Selling tokens costs a much higher gas fee than what can be found.
Yes mate Currently the biggest problem is on Etherium platforms Gas free.Because of this gas free, investors are on Ethereum platforms Not investing.Everyone is now moving towards the Binance Smart Chain platform Is leaving.So I think Ethereum's gas free should be reduced.Otherwise, future investors will be on Etherium platforms Never will.

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Re: Ethereum gash fee high.
« Reply #154 on: March 31, 2021, 08:12:00 PM »
Currently, etherium gas fees have risen alarmingly. As a result, many bounty project tokens and they are not able to pay. Also many of my tokens are not able to be transferred to the exchange due to high gas fees, nothing is left after paying extra fees after selling on the exchange. So many of my tokens are still in my wallet.
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Offline Freemind

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Re: Ethereum gash fee high.
« Reply #155 on: April 01, 2021, 11:50:44 AM »
@Rafiq you can try it within the hours @Malam90 has said, still a bit pricey, but not the high amounts we see lately. I couldn't do it yesterday so I'll give it a try today so I can sell some tokens that may give me some profit right now before they go down again, so today a lot of coffee and little sleep :o
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Offline Tnoy30

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Re: Ethereum gash fee high.
« Reply #156 on: April 02, 2021, 12:36:34 PM »
ETH transactions have increased so much that users around the world are increasingly not investing in cryptocurrencies. ETH is much more popular around the world. eth transactions have largely increased towards the digital ecosystem. Ethereum is gaining popularity all the time.

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Re: Ethereum gash fee high.
« Reply #156 on: April 02, 2021, 12:36:34 PM »


Offline nelson4lov

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Re: Ethereum gash fee high.
« Reply #157 on: April 02, 2021, 10:58:44 PM »
It's true, the price of gas fees for transferring ERC-20 tokens are way too expensive since eth price started pumping since last year, I think for now the best way to carry out transactions is to use Trc20 usdt, but sadly 98% of all bounty tokens run on the Ethereum blockchain, we can't escape paying the high gas fees.
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Offline Freemind

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Re: Ethereum gash fee high.
« Reply #158 on: April 03, 2021, 10:56:36 AM »
@nelson4lov fortunately more and more projects are migrating to chains like BSC for example, and the new projects that are close to launching already take into account the problems of Ethereum and high fees. So we can say that the popularity of Ethereum is falling, but it will not be forgotten, when ETH 2.0 is released and all these problems are fixed it will regain its previous popularity.
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Offline ustcoin

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Re: Ethereum gash fee high.
« Reply #159 on: April 03, 2021, 11:51:50 AM »
Ethereum is reaching new heights in the last 3 days, but gas charges are still extremely high. We can say that Bnb turned this negative situation into a positive situation for itself. The Bnb network is both cheap and fast. Ethereum must find an immediate solution to this situation. Defi, Nft, the interest in these tokens brought the ethereum to the fore, but it also caused serious problems in the network. Most people do not transfer ethereum without swap exchanges.

Offline ice18

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Re: Ethereum gash fee high.
« Reply #160 on: April 03, 2021, 02:59:52 PM »
I really hate using eth now last few hours I traded in Uniswap when I saw the price pump of the token I bought last month and when I try to trade it with nice profit my transaction failed lol what a very unfortunate experience again Im out of gas when I have eth balance worth $45 still not push through holy what is wrong with eth network now it will totally eat your money from gas fees until your out of gas ridiculous.   
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Offline Linda78

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Re: Ethereum gash fee high.
« Reply #161 on: April 03, 2021, 05:39:09 PM »
Gas fee is the reason why we cannot send our tokens and sell. Few dollars of earning with higher gas fee is not fair for us small traders. I think the more ethereum increase the more the gas fee become expensive. I would be grateful if the gas fee will become lower.
Brother, your words are absolutely right. Because it is currently seen that excess gas for free cutting There is a big problem in selling tokens because small bounty hunters get a small amount, so they cannot cancel due to the extra gas being free. Reduce gas free if I agree with you Either way would be good for us. I would like to draw the attention of the senior officers and please think about this.

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Re: Ethereum gash fee high.
« Reply #162 on: April 03, 2021, 07:21:08 PM »
@Linda78 as I said in previous posts, high fees is not a button that can be pressed to lower them. To reduce them it is necessary to modify the source code of Ethereum, and that can only be done with a hard fork. That hard fork is codenamed "London" and won't run on the Ethereum chain until July of this year. Until then, the only thing we can do is try to carry out our transactions in the hours of less network traffic or wait until July.
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Offline kent47400

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Re: Ethereum gash fee high.
« Reply #163 on: April 06, 2021, 02:37:20 PM »
It is difficult for Ethereum to lower its transaction fees because Ethereum is really very expensive now and the proof is that the price of Ethereum sending transaction fees is just increasing.
Hopefully the results of all this we can learn and see which altcoins are worth investing in for the future, maybe now the good ones are BNB and Solana. Dwyor.
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Offline Sasa

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Re: Ethereum gash fee high.
« Reply #164 on: April 06, 2021, 05:41:33 PM »
Ethereum's gas free Has become an uncomfortable subject. Even today I wanted to deposit some tokens from Ethereum Wallet to the Exchange. The price of that token was only 30$ when I wanted to deposit 25 $ in the transaction It felt so bad then for a moment Hopefully Ethereum's transactions will decrease very soon.
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